Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Yesterday we outed Mr John Molyneux as the WH Ireland stockbroker who had mugged 75 year old pensioners by sticking the cash from discretionary accounts into penny stocks – usually WH Ireland corporate clients doing a fund raise – which had nearly all cratered. I can reveal that Mr Molyneux has now decided all of a sudden that at 68 it is a good time to retire. With immediate effect. But if he and AIM listed WH Ireland (WHI) think this scandal is over they are mistaken. It is just beginning.
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Comments
J P Spaghetti
Nice one and good luck with the FCA! And sorry if this is inane (it may well be) but the fact he’s retiring later than many of his generation suggests to me for reasons that are more intuitive than rational (and I’m no psychologist, though perhaps psychiatrist would be more fitting) that he was not a lone rogue operative. Jeez – to lose one’s life savings, or – rather – have them squandered by one in a position of trust: “not guilty by reason of having been driven to distraction your honour”…
wolfcastle_22
hang the arsehole